Steve Spanolios
(Steven Spanolios)
Chief Operating Officer
Derby Copeland Capital
Owner
41 Madison Avenue 40th Floor New York, NY 10010
Derby Copeland Capital NYC portfolio
$183.2 million -elevator 49%, walkup 33%, mixed-use 11%; Manhattan 94%, Brooklyn 5%*
1133th largest portfolio by dollar value
202,945 sqft – elevator 52%, walkup 37%, mixed-use 8%; Manhattan 94%, Brooklyn 5%
1641th largest by SF
12 properties – Manhattan 83%, Brooklyn 16%
955th largest
262 residential units – Manhattan 95%, Brooklyn 4%
1033th largest by residential units
Person Activity past 24 months:
Lender signatory: 23 for $279.4 million
Top Ten Associated Companies:
Icon Realty Management (13), Derby Copeland Capital (2), Lloyd Properties (2), Penn South Capital (1), WB Property Group (1), Robert Kahen (1), Shore Assets (1), Ashley Sabina Peled (1), Rybak Development (1), Kadima Properties (1)
Top Ten Associated People:
Terrence Lowenberg (13), William L. Brewer (2), David Lloyd (2), Parag Sawhney (1), Robert Kahen (1), Marc S. Shore (1), Ashley Sabina Peled (1), Sergey Rybak (1), Joshua Landau (1)
Recent activity as signatory:
• Robert Kahen borrowed $24 million from Derby Copeland Capital for 67 Livingston Street on August 07, 2026.
• Rybak Development borrowed $48.1 million from Derby Copeland Capital for 133 East 55 Street on May 22, 2026.
• Icon Realty Management borrowed $6.1 million from Derby Copeland Capital for 322 East 74 Street on April 30, 2026.
• Icon Realty Management borrowed $5.1 million from Derby Copeland Capital for 342 East 76 Street on April 30, 2026.
• Icon Realty Management borrowed $6.8 million from Derby Copeland Capital for 419 East 82 Street on April 30, 2026.
• Icon Realty Management borrowed $7.1 million from Derby Copeland Capital for 344 East 55 Street on April 30, 2026.
• Icon Realty Management borrowed $6.8 million from Derby Copeland Capital for 513 East 82 Street on April 30, 2026.
• Icon Realty Management borrowed $6.3 million from Derby Copeland Capital for 443 East 78 Street on April 30, 2026.
• Icon Realty Management borrowed $6.2 million from Derby Copeland Capital for 340 East 55 Street on April 30, 2026.
• Icon Realty Management borrowed $5.7 million from Derby Copeland Capital for 338 East 55 Street on April 30, 2026.
Latest Stories:
• Japanese firm pays $18.1M to VRH, WB Property Group for 23-unit rental in Chelsea (July 10, 2026)
• Ellen McGrath pays $15.8M to Four Winds Real Estate for mixed-use in West Village (March 31, 2026)
• JP Real Estate Group pays $25.75M to Icon for adjacent rentals in Chelsea (February 23, 2026)
• Penn South buys 2 Manhattan rentals from Vishvass for $20.5M (October 17, 2025)
• Lloyd Properties pays $5.5M to Kupfermans for 2 walkups in Fort Greene (September 09, 2025)
• Icon signs $20M refi with Derby Copeland for 33-unit rental in East Village (July 22, 2025)